Monday, May 07, 2012

The Real Unemployment Rate Is Over 40% And The American Dream Is Dead As A Doornail

"The unemployment crisis in America is much worse than you are being told. Did you know that there are 100 million working age Americans that do not get up in the morning and go to work? No wonder why it seems like there are so many people that do not have jobs! According to the federal government, there are 12.6 million working age Americans that are considered to be "officially" unemployed, but there are another 87.8 million working age Americans that are not working either. The federal government considers those Americans to be "not in the labor force" so they are not included in the unemployment rate. In fact, this is one of the key ways that the government manipulates the unemployment numbers. The Obama administration would have us believe that the unemployment rate is going down and that that since the start of the last recession about as many Americans have left the labor force as we saw during the entire decades of the 1980s and 1990s combined. Of course that is a bunch of nonsense, but that is what the Obama administration would have us believe. The truth is that the percentage of working age Americans that are employed is just about the same right now as it was two years ago. It was incredibly difficult to get a job back then and it is incredibly difficult to get a job right now. So don't believe the hype that things are getting much better. If you still do have a good job, you might want to hold on to it tightly, because there is not much hope that things are going to improve significantly any time soon.?

Yes hold on real tightly as you get pissed on,have your wages and benefits cut and have to put up with the uncertainties of your future.Welcome to police state corporatism, better known as FASCISM.

1 Comments:

Great article. I heard the same report, essentially from Mike Rivero on www.whatreallyhappened.com. It's a long ways from 8.2% to over 40% isn't it? The mass corporate media would not dare tell us the truth about this.